Supply Chain Collaborator

MARCH 16, 2020

A surge in demand to ship the flood of crude oil unleashed by Saudi Arabia and its OPEC peers is sending freight rates surging and forcing buyers to seek out space on smaller tankers after the largest ones have been booked out, shipping sources said. The best illustration prompted by the current situation comes from a Reuters report today.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Una

AUGUST 30, 2022

Doing so will enhance visibility, slash maverick purchasing , enable spend analytics, improve demand forecasting, and enable accurate tracking of procurement KPIs (ultimately helping you prove the value of procurement to the wider business). How to Improve Collaboration Between Procurement and IT. Get in Touch.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Supply Chain Game Changer

OCTOBER 1, 2019

Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Visibility to where goods were was largely limited to updates that came over the phone.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Spend Matters

JUNE 24, 2024

Yet buyers agonize over purchasing a car — with good reason. What are you hoping to achieve with this purchase, and what essential components will deliver this result? Orchestration : Beyond the technical aspects, how does the system handle data harmonization, task handover and visibility, and automation?

e2e 98

e2e Contract Sourcing Buyers 98

Pipefy

JANUARY 31, 2023

Why purchase request approval is important The purchase requisition approval process is the final layer of review that’s required for all purchase requests. Once purchase requisitions are processed and approved, a purchase order is generated and submitted to the vendor or supplier for fulfillment.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Jaggaer

FEBRUARY 20, 2025

Everything You Need to Know End-to-end process and end-to-end solution may be one of the most overworked phrases in business and IT. That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all.

Sourcing 52

Sourcing e2e Supply Chain Efficiency Strategic sourcing 52

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done. 52.14] The future for Altana. “An

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

ivalua

SEPTEMBER 24, 2020

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. AP teams need to embrace digital data and think end-to-end. What is Invoice-to-Pay? How does Invoice to Pay Work?

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

IBM Supply Chain Blog

AUGUST 2, 2023

Marketing use cases with IBM Watson Assistant IBM Watson Assistant is an enterprise conversational AI platform designed to build intelligent chatbots or virtual agents that can automate buyer processes, promote lead generation, and drive e-commerce with personalized customer self-service support.

e2e 70

e2e Real-time Visibility Strategy Price 70

Supply Chain Game Changer

NOVEMBER 19, 2018

The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. End to End Supply Chain Visibility and the Internet of Things (IoT). Cost and Profit Management.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Spend Matters

FEBRUARY 25, 2025

Larger organizations likely have matured and updated their tech environment over many years with best-of-breed or suite solutions, so its easier for them to get the organization on board with an end-to-end digital transformation.

Real-time Visibility 108

Real-time Visibility e2e Procurement Negotiation 108

Pipefy

JANUARY 31, 2023

Procurement risks occur as a result of unreliable purchasing and P2P processes. The procure-to-pay (P2P) process , also sometimes referred to as purchase-to-pay, is a structured workflow that involves receiving goods or services and issuing payments. Procurement risks occur wherever visibility and control are limited.

Risk 52

Risk Procurement e2e Purchase orders 52

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. Automated invoice processing simplifies end-to-end invoice processing activities by eliminating the time and costs associated with manually processing invoices.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Pipefy

FEBRUARY 13, 2023

A company’s procurement department is driven by various processes and teams, including purchasing and accounts payable. While S2P is focused on integrating and streamlining supplier interactions, P2P is focused on integrating and streamlining purchasing and accounts payable activities. When is source-to-pay used?

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Zycus Cognitive Procurement

DECEMBER 10, 2021

A Source-to-Pay cycle is a holistic approach that covers end-to-end procurement lifecycle. And the S2P software enables multiple activities such as auctions, spend analysis, purchasing categories management, purchase requisitions, sourcing events, billing and vendor relations within the same solution.

Sourcing 52

Sourcing e2e Contract supply chain budgeting 52

Spend Matters

JUNE 19, 2023

Click to enlarge The average vendor can use its analytics schema to go beyond deriving reports from transactional purchasing and invoicing data to provide deeper quantitative insights on the data, including performance modeling (e.g., normalizing/enhancing spend data for benchmarking), causal factor analysis (i.e.,

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

Procurement Software

APRIL 4, 2023

You should consider these 4 steps of the operational purchasing process when considering tools and applications to improve UX. Supplier evaluation and selection Once the suppliers have applied to quote/tender, the buyer must examine the responses and identify a shortlist of potential suppliers. What are the 4 stages of the S2P process?

Procurement 59

Procurement e2e Purchase orders Buyers 59

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Purchase approvals The process of approving purchases and moving them to the stage of fulfillment presents similar issues to those of requisitions.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Pipefy

MAY 3, 2023

Company purchases are a common and necessary part of running a business, whether it’s for office supplies, outsourced services, or raw goods. When these purchases are made, they’re usually issued using a line of credit; companies place an order, the vendor or supplier provides the goods or services, and then payment is requested.

e2e 52

e2e Purchase orders Purchasing Suppliers 52

Jaggaer

DECEMBER 13, 2024

Or alternatively, as senior managers we only see the end results of procurement as figures on a spreadsheet or a financial statement, with little awareness of how they are arrived at and how they can be improved. To understand whats really going on we need, first, to step back and get a holistic view of the end-to-end process.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Pipefy

OCTOBER 24, 2023

For all industries and companies of all sizes, purchasing plays a critical role in helping teams operate effectively. This process is fundamental for increasing efficiency, saving money, and mitigating risks — and the impact of a broken purchase process is too costly to ignore.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

Pipefy

JANUARY 30, 2024

That’s where procurement, sourcing, and purchasing technology comes in. 6 procurement technologies to improve your business Transform analog, manual, and paper-ridden processes with end-to-end digitization and automation to improve security, visibility, and control with these six procurement technologies. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

These modules can be purchased separately or as one complete suite. It promises to assist with improving buyer and supplier collaboration. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses. Additionally, analytics features grant you deeper visibility into your supply chain.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

MARCH 7, 2023

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. Improvements to end-to-end supply chain efficiency. What is the difference P2P and S2P?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Wendy Tate, professor of supply chain management at the University of Tennessee, and coeditor-in-chief of the Journal of Purchasing and Supply Chain Management said it well , “Eliminating waste is good, but inventory isn’t necessarily the same as waste. In fact, more than 70% of B2B buyers say they are moving to remote or digital purchases.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Pipefy

NOVEMBER 24, 2023

In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. Pure platforms only handle procurement processes and are primarily used by large companies with a dedicated purchasing team that manages complex processes. What are procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Software

MAY 14, 2024

Enhanced Efficiency and Visibility: By adopting process orchestration tools and platforms, businesses gain real-time insights and control over their procurement activities, facilitating quicker decision-making and improved risk management. Role of Technology Technology plays a pivotal role in refining the procurement intake process.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. What is spend data?

e2e 52

e2e Real-time Visibility Contract Procurement team 52

IBM Supply Chain Blog

MAY 17, 2024

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. Over 90% of business buyers say a company’s customer experience is as important as what it sells.  And the centrality of these experiences isn’t limited to B2C vendors.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Claritum

OCTOBER 12, 2018

Are you a 2-dimensional or a 3-dimensional purchasing organisation? Automation for the 3-dimensional purchasing organisation. However, when you look at automation tools it seems there is no way to manage a purchase process without these tools involving you directly in the process. Defining the Perfect Procurement World.

Procurement 47

Procurement Eprocurement Category management Purchasing 47

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Jaggaer

OCTOBER 22, 2020

The procurement team consists of 40 buyers, around half of them based in the bank’s Casablanca headquarters. Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions. Having visibility over spend data has provided a basis for achieving savings.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Software

JUNE 20, 2023

If you’re not an enterprise company, any software you purchase needs to be versatile, easy to use and fast to implement. SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform. Contract management software covers a pretty broad spectrum.

Contract management 52

Contract management Contract e2e Management 52

Zycus Cognitive Procurement

MARCH 25, 2021

Electronic invoicing (e-Invoicing) is the invoice document exchange between a supplier and a buyer in an integrated electronic format. It fully automates the process of invoice capture with data being read and routed straight from the supplier into the buyer’s AP system regardless of the format of the invoice. Increased Accuracy.

e2e 40

e2e Real-time Visibility Supply Chain Efficiency Buyers 40

Pipefy

DECEMBER 20, 2023

Strategic procurement prioritizes planning and strategizing for long-term benefits across the entire procurement process and alignment with business goals, while operational procurement focuses on purchasing and sourcing services strictly for maintaining day-to-day operations. Why is strategic procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52